August 23, 2019
The Innovation Imperative
In Brief The level of collective investment focused on transforming the life insurance proposition exceeds anything seen…
Insurance
Working to prove their value to customers, insurers are harnessing technology to improve service, pricing and relationships
Life insurance markets are characterised by significant country-by-country variation. Companies are grappling with regulation and the continued but shifting need for effective intermediary distribution.
In P&C insurance, engagement models vary, with intermediation still vital in commercial and direct purchase more prevalent in personal lines. Technology is reshaping both lines – everything from telematics to geomatics and implicit and predictive pricing through AI. This is driving further disruption, including the potential for risk capabilities to be delivered outside insurance.
NMG Consulting works with P&C and life insurers to help them differentiate through innovation whilst skillfully managing regulatory change and intermediary relationships.
To access NMG’s deep pool of insurance expertise get in touch via the form below or reach out individually to key consultants
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OUR PEOPLE
Ashwin Field
Global partner
Industry:
Ashwin works with major banks and insurers on questions of participation strategy, business configuration and economics and a focus on retail and alternative distribution channels (bank, broker and direct). He has worked…
Sydney
Stephen Collins
Global Partner
Industry:
Stephen is a Partner of NMG Consulting, with extensive global experience in life insurance and reinsurance. Steve has unique expertise across self-directed customers, direct and intermediated distribution, innovation and the evolution of…
London
Jane Cheng
Partner
Industry:
Jane is a Partner of NMG Consulting, with a focus on insurance and reinsurance segments. Jane has responsibility for the delivery of NMG’s global reinsurance studies and life insurance analytics in Australia….
London